Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (19598)	7/7/1999 6:26:00 PM
From: Stephen	Read Replies (2) \| Respond to of 99985

Haim, I think the corporate accounting used and lack of follow-thru by analysts & media covering the reporting numbers is one of the cornerstones of the continuance of the bull market. I haven't played earnings for a couple of years .... I think I shorted CYMI, COMS & GTIS that qtr ... and they all went up after earnings. The numbers were terrible and there were lots of write-offs/one time charges. ... but no-one cared to look behind the headline number. Course ... they fell sometime after .... but it took a few weeks/months when reality hit. Stephen